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Latest Housing Affairs Letter Headlines

    (INTEREST RATES) Rates Up After Three-Week Slide:  Mortgage rates edged up this week but they still hover in the 5% range, says Freddie Mac in its Primary Mortgage Market Survey. The 30-year fixed-rate mortgage averaged 5.01% with an average 0.7   Read More  02/05/2010 11:06 AM

    (BUDGET) Questions Over GSE Budget Omission:  An Office of management & Budget decision to omit financial considerations regarding Fannie Mae and Freddie Mac from the FY 2011 budget proposal has several lawmakers balking at the   Read More  02/05/2010 11:05 AM

    (MORTGAGE FINANCE) Obama Bank Plan Draws Dodd Ire:  Claiming the Obama administration is sabotaging efforts to enact financial reform, Senate Banking Chairman Christopher Dodd calls the White House effort to ban proprietary trading among U.S. banks   Read More  02/05/2010 11:03 AM

    (MOVING TO WORK) Three New MTW Pilot Programs:  Public housing authorities in three cities will join 30 other authorities across the nation in administering HUD's Moving To Work Program.   Read More  02/05/2010 11:01 AM

    (FIREARMS) NRA Defends Public Housing Guns:  A ban on gun ownership at properties owned by four public housing authorities in Delaware faces a legal challenge from the Nat'l Rifle Assn. based on findings by the Caesar Rodney Institute,  Read More  02/05/2010 10:57 AM

    (AFFORDABLE HOUSING) Youngstown Eyes Mixed-Income Plan:  Youngstown, OH Metropolitan Housing Authority officials seek to demolish the remaining 220 public housing units in a vintage project dedicated by Eleanor Roosevelt in 1940 and replace them   Read More  02/05/2010 10:54 AM

    (TRESPASSING) Lawsuit Targets Trespassing Arrests:  A lawsuit filed in U.S. District Court in Manhattan accuses New York City police of aggression and unwarranted trespass arrests against public housing tenants and their visitors. The complaint challenges   Read More  02/05/2010 10:52 AM

    (MORTGAGE FINANCE) New Financial Products Ban At GSEs:  Citing massive financial losses at Fannie Mae and Freddie Mac, the regulator of the government-sponsored enterprises now under federal supervision bars the mortgage giants from introducing new   Read More  02/05/2010 10:51 AM

    (SETTLEMENT PLAN) Westchester Plan In HUD Hands:  New York's Westchester County has submitted its plan to implement its 2009 settlement with HUD to relocate minority residents to census tracts where minorities do not represent   Read More  02/05/2010 10:49 AM

    (AFFORDABLE HOUSING) Housing Council Legislative Target:  New Jersey lawmakers are poised to eliminate the much-criticized Council on Affordable Housing and allow municipalities to administer their own affordable housing programs with help from   Read More  02/05/2010 10:47 AM

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